v3.25.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating expenses    
General and administrative expenses $ 396,434 $ 42,918
Professional fees 438,461 349,031
Total operating expenses 834,895 391,949
Operating loss (834,895) (391,949)
Other income (expenses)    
Interest income 13 7
Change in fair value of earnout shares liability 18,731,514
Change in fair value of warrants liability (397,553)
Forbearance fee expense (13,226,926)
Interest expense (168,886) (109,353)
Total other income (expense) 4,938,162 (109,346)
Income (loss) before income tax expense 4,103,267 (501,295)
Income tax expense (200)
Net income (loss) $ 4,103,067 $ (501,295)
Income (loss) per share, class A common stock – basic $ 0.73 $ (0.26)
Weighted average number of shares of class A common stock – basic 5,640,991 1,893,001
Income (loss) per share, class A common stock – diluted $ 0.13 $ (0.26)
Weighted average number of shares of class A common stock – diluted 32,175,764 1,893,001